Ringgit Closes Nearly Flat Versus Greenback Amid Ongoing West Asia Conflict
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
| LATEST NEWS | At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | |
KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.
KUALA LUMPUR, April 7 (Bernama) -- Aeon Credit Service (M) Bhd’s net profit increased to RM385.88 million in the financial year ended Feb 28, 2026 (FY2026) from RM370.61 million in FY2025.
KUALA LUMPUR, April 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, despite gains on the United States COMEX gold market, as profit-taking emerged after recent advances.
KUALA LUMPUR, April 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended broadly lower today in tandem with the underlying cash market.
KUALA LUMPUR, April 7 (Bernama) -- Main Market-listed engineering services group, AWC Bhd, via its wholly-owned subsidiary, Qudotech Sdn Bhd, has inked a RM22.18 million contract from a joint venture contractor (awarder) in relation to a data centre project.
By Anas Abu Hassan
SINGAPORE, April 7 (Bernama) -- Singapore expects its economic growth to be affected in the coming quarters amid the ongoing West Asia conflicts, with higher overall inflation projected in 2026, said Deputy Prime Minister Gan Kim Yong.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- Uzma Bhd’s subsidiary Setegap Ventures Petroleum Sdn Bhd has secured a RM60 million contract from EnQuest Petroleum Production Malaysia Ltd for two years starting Feb 19, 2026, until Feb 18, 2028.
KUALA LUMPUR, April 7 (Bernama) -- B100, a 100 per cent palm oil-based biodiesel, has the potential to emerge as a more competitive and sustainable alternative energy source amid uncertainties arising from the West Asia crisis, said Federal Land Development Authority (FELDA) chairman Datuk Seri Ahmad Shabery Cheek.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 7 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Tuesday, supported by gains in regional rubber futures, rising crude oil prices, and a slightly weaker ringgit against the US dollar, a dealer said.
BANGI, April 7 (Bernama) -- The ongoing impact of the West Asia crisis has prompted the government to review the current approach to the Budi MADANI RON95 (BUDI95) programme to ensure it reaches those who need it most, said an economist.